Raymond Nobu Chang - 31 Dec 2024 Form 4 Insider Report for Agrify Corp (AGFY)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
03 Jan 2025, 21:42:36 UTC
Prior SEC filing
07 Nov 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Raymond Nobu Chang

Key filing fact

Raymond Nobu Chang filed Form 4 for Agrify Corp (AGFY) on 03 Jan 2025.

Key facts

  • This page summarizes Raymond Nobu Chang's Form 4 filing for Agrify Corp (AGFY).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 03 Jan 2025, 21:42.

Change

  • Previous filing in this sequence was filed on 07 Nov 2024.
  • Current net transaction value: -$3,000,000.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AGFY transaction Derivative

Convertible Note

Other

Transaction value
$3,000,000
Shares
Change %
Price
Shares after
$0
Date
31 Dec 2024
Ownership
By CP Acquisitions, LLC
Underlying class
Common Stock
Underlying amount
Exercise price
$3.95
Footnotes
F1, F2
AGFY transaction Derivative

Convertible Note

Other

Transaction value
$0
Shares
0
Change %
Price
$0.000000
Shares after
0
Date
31 Dec 2024
Ownership
By CP Acquisitions, LLC
Underlying class
Common Stock
Underlying amount
Exercise price
$1.46
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Raymond Nobu Chang is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

On 12/31/2024, CP Acquisitions, LLC ("CP"), an entity affiliated with the Reporting Person, signed an Asset Purchase Agreement ("APA") for the purchase of certain assets of the Issuer and closed the transaction. In exchange for the assets, CP, among other consideration, terminated the: (i) Senior Secured Amended, Restated and Consolidated Convertible Note dated 1/24 2024, as amended on 5/21/2024; and (ii) Junior Secured Convertible Promissory Note dated 8/14/2024, as amended on October 18, 2024. As of the date of the APA, the Reporting Person is no longer a "Reporting Person."

Footnote F2

CP is an entity controlled by the reporting person, and the reported securities may be deemed to be indirectly beneficially owned by the reporting person. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

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